Assets have a non-zero credit score is 631, notably lower than previous transactions. Also, a slight majority of borrowers, 53.23%, have credit scores of 660 or lower.
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The current pool's major loan characteristics were higher than that those seen on the RKTL 2026-2, with 60-month loans representing a higher concentration of the current pool (77.0%) compared with 73.7% on the previous deal.
August 5 -
The Federal Reserve governor said inflation is too high but said she ultimately voted last week to hold interest rates steady to give recent economic trends more time to play out.
August 5 -
An industry sentiment index hit a new low, with 45% of investors saying the current business environment has worsened compared to a year ago.
August 5 -
The aircraft assets will be prefunded, otherwise, the proceeds will refinance 15 vintage aircraft.
August 5 -
Interest will be repaid sequentially. Scheduled principal will be paid based on the scheduled outstanding note balance for the applicable payment period and the note balances.
August 4
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Lenders reported July declines of HECM endorsements and new securities issuances, but proprietary lending drove a 28% year-over-year surge in originations.
August 4 -
The real-estate investment trust affiliate has been focusing on making more funding available for new loans but also seeks to hold the line on credit quality.
August 4 -
The group is planting a flag for a new structured finance platform and real estate finance team in Miami and is expected to also strengthen Benesch's New York presence with two partners.
August 4 -
Notes are expected to pay coupons of 5.69% on the A1A notes and 5.89% on the A1B notes. Beyond that, the A2 and A3 notes pay coupons of 5.92% and 5.97%, respectively.
August 3 -
The agency delayed an offering of occupied units until September to ensure compliance with President Trump's executive order made earlier this year.
August 3 -
Mark Paoletta, the Consumer Financial Protection Bureau's chief legal officer, has taken over as the agency's acting director. Russell Vought's term ended Aug. 1.
August 3 -
The guidance removes structural, compliance and cost barriers for certain operators who were used to doubling down on cautionary measures to ensure deal execution.
August 3















